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SAVE [pounds sterling]2,000 BEFORE THE HOLIDAY ENDS; Buy now while the stamp-duty break lasts. Cherry Maslem hunts down London homes priced under the [pounds sterling]175,000 limit.

Publication: The Evening Standard (London, England)
Publication Date: 04-NOV-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: SAVE [pounds sterling]2,000 BEFORE THE HOLIDAY ENDS; Buy now while the stamp-duty break lasts. Cherry Maslem hunts down London homes priced under the [pounds sterling]175,000 limit.(Features)

Article Excerpt
Byline: Cherry Maslem

THERE is just enough time remaining to exchange on a property and save yourself about [pounds sterling]2,000 under the temporary no stamp-duty threshold of [pounds sterling]175,000, before the Government's stamp duty "holiday" ends on 31 December. After that date, the bar is due to be lowered again to [pounds sterling]125,000 (and we know how unlikely it will then be to find something under that in London), so a flat at [pounds sterling]175,000 and above will from 1 January 2010 attract a 1 per cent duty of [pounds sterling]1,750.

With mortgages hard to come by there are fewer homes for sale at the moment, so what could you find for [pounds sterling]175,000 or...

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